Atrium European Real Estate Limited
EANS-Adhoc: Atrium European Real Estate Limited
LEGAL ACTION IN THE NETHERLANDS
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- other/Company Information 01.10.2015 LEGAL ACTION IN THE NETHERLANDS Ad hoc announcement - Jersey, 1 October 2015. Atrium European Real Estate Limited (the "Company") (VSE/Euronext: ATRS), a leading owner, operator and developer of shopping centres and retail real estate in Central and Eastern Europe, announces that it has received a legal action brought by the Dutch "Stichting Atrium Claim" as the claimant seeking declarations in relation to prior actions of the Company. Stichting Atrium Claim was founded in October 2014 with the stated intention of bringing a legal action against the Company and claims to represent the interests of an uncertain and restricted class of investors in the Company who purchased certificates between 2002 and 2007, when the Company was known as Meinl European Land Limited. Stichting Atrium Claim has filed this declaratory lawsuit against the Company in the Netherlands, notwithstanding that the Company is domiciled in Jersey. The Company regards this as an improper effort to take advantage of the legal instrument of a class action under Dutch law involving the same subject matter as investors' claims currently asserted in Austria against the Company. The Company believes that the claim is misguided and without merit and that the Dutch courts should not assert jurisdiction over this claim. The Company will take all necessary steps to respond appropriately. For further information: FTI Consulting Inc.: +44 (0)20 3727 1489 Richard Sunderland Claire Turvey Ellie Sweeney atrium@fticonsulting.com Atrium European Real Estate Limited is established as a closed-end investment company incorporated and domiciled in Jersey and regulated by the Jersey Financial Services Authority as a certified Jersey listed fund, and is listed on both the Vienna Stock Exchange and the NYSE Euronext Amsterdam Stock Exchange. Appropriate professional advice should be sought in the case of any uncertainty as to the scope of the regulatory requirements that apply by reason of the above regulation and listings. All investments are subject to risk. Past performance is no guarantee of future returns. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. Further inquiry note: For further information: FTI Consulting Inc.: +44 (0)20 3727 1000 Richard Sunderland Claire Turvey Richard.sunderland@fticonsulting.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Atrium European Real Estate Limited Seaton Place 11-15 UK-JE4 0QH St Helier Jersey / Channel Islands phone: +44 (0)20 7831 3113 mail: richard.sunderland@fticonsulting.com WWW: http://www.aere.com sector: Real Estate ISIN: JE00B3DCF752 indexes: Standard Market Continuous stockmarkets: official market: Wien, stock market: Luxembourg Stock Exchange language: English